Pennsylvania
Top SBA lenders in Philadelphia
Businesses in the Philadelphia area have received $1.3B across 3,332 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Philadelphia | Rating |
|---|---|---|---|
| 1 | Wilmington Savings Fund Society FSB | $114M | 5.0(2) |
| 2 | Fulton Bank, National Association | $75M | 3.0(41) |
| 3 | TD Bank, National Association | $73M | 3.0(38) |
| 4 | Meridian Bank | $45M | 4.7(40) |
| 5 | Firstrust Savings Bank | $44M | 3.8(28) |
| 6 | Truist Bank | $43M | 2.4(45) |
| 7 | Beacon Bank and Trust | $43M | 5.0(8) |
| 8 | Woori America Bank | $38M | 2.7(30) |
| 9 | Empire State Certified Development Corporation | $37M | 3.0(2) |
| 10 | The Bank of Princeton | $37M | 4.4(23) |
| 11 | Citizens Bank, National Association | $36M | 1.4(109) |
| 12 | United Bank of Philadelphia | $35M | 3.3(38) |
| 13 | Newtek Bank, National Association | $34M | 2.3(3) |
| 14 | Newtek Small Business Finance, Inc. | $29M | 1.7(33) |
| 15 | Quaint Oak Bank | $28M | 4.8(32) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all Pennsylvania SBA lenders →
SBA lenders in Philadelphia — common questions
Which SBA lender is most active in Philadelphia?
Wilmington Savings Fund Society FSB has approved the most SBA 7(a) & 504 funding for Philadelphia-area businesses — $114M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.
How much SBA funding have Philadelphia businesses received?
Businesses in the Philadelphia area have received $1.3B across 3,332 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.
Do I have to use an SBA lender based in Philadelphia?
No. SBA loans are federal, so a national or out-of-state lender can fund your Philadelphia business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.
How are the top Philadelphia SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Philadelphia area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
Getting an SBA loan in Philadelphia?
Tell us what you need and we'll match you with lenders active in your area — you choose who to talk to.
Get matched with lenders